REI Lense

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$4,779 (target)

628 Surf Avenue, Beachwood, NJ 08722

3 beds • 2 baths • 1527 sqft

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This property looks like a bad Mid-Term investment with a projected -1.22% first-year return on $123k initial cash invested.

-1.22%

Cash On Cash

6.24%

Cap Rate

1.03

DSCR

$4,779

Rent

-$125

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,779 income − $4,904 expenses = $125 out of pocket

Income$4,779Out of Pocket$125Mortgage P&I$2,52753%Property Taxes$57812%Insurance$1754%Management$57312%CapEx$1914%Vacancy$1433%Maintenance$1914%Other$52611%

Investment Breakdown

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Purchase Price

$499k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$123k

Downpayment

20%

$99,800

Closing costs

1%

$4,990

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,779

Total Expenses

$4,904

Mortgage P&I

53%

$2,527

Property Taxes

12%

$578

Home Insurance

4%

$175

HOA

0%

$0

Property Management

12%

$573

CapEx

4%

$191

Vacancy

3%

$143

Maintenance

4%

$191

Other

11%

$526

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